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Exercise 18-03 (Video) Hare is financial information for Glitter Inc. Current assets Plant assets (net) Current liabilities Long-term liablities Comman stack, $1 par Retained eamings
Exercise 18-03 (Video) Hare is financial information for Glitter Inc. Current assets Plant assets (net) Current liabilities Long-term liablities Comman stack, $1 par Retained eamings December 31, 2020 $122,000 394,362 05,960 130,985 100,389 133,020 December 31, 2019 $100,000 327,000 72,000 95,000 111,000 159,000 Prepare a schedule show ng a no 70 tal anal sis for 2020 using 2019 as the base year. decimal place, e.g. 12.3%.) Fr ter negative amounts and percent ges us ng eit en negative sign preceding the numb er e g 45 45% or parentheses e g 45 (45% Round percentages to 1 ER INC Condensed Balance Sheets December 31 Increase or (Decrease) Assets Current assets Plent assets tne) $122,000 $100,000 394,362 327,000 Iatal assets $516,362 $427,000 Current labiites $85,968 $72,000s 130,985 216,953 157,000 Long-term liebiities 85,000 Total labilities Stockholders' Equity Common stock, $1 pan Retained earmings 166,389 111,000 133,020 5,000 299,409 270,000 $516,362 $427,000 Total stocholdars quity Total liabilities and stockholders equity
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